Transportation Infrastructure
More
-
LOS ANGELES, March 14- ENN Group Co Ltd, one of China's largest private companies, is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
-
John Slosar, CEO at Cathay Pacific, tells CNBC he expects a recovery in the air cargo market, even as weakness in the industry led to an 83 percent plunge in 2012 net profit for the airline.
-
CNBC's Adam Bakhtiar looks at Midas in the daily 'Stock in 60' segment after shares rose over 4% on announcements of government restructuring and urbanization in China.
-
PORT SAID, Egypt, March 9- Egyptian protesters in Port Said untied moored speedboats used to supply shipping on the Suez Canal on Saturday, apparently hoping the boats would drift into the waterway and disrupt passing vessels, witnesses said. The Suez Canal is a major local employer.
-
PORT SAID, Egypt, March 9- Egyptian protesters untied moored speedboats used to supply shipping on the Suez Canal on Saturday, apparently hoping the boats would drift into the waterway and disrupt passing vessels, witnesses said. Military police recovered five boats and brought them back to shore in Port Said, but two were still drifting, one witness told Reuters.
-
*India struggles to cope with a record stockpile of grains. NEW DELHI, March 6- India will do everything it can to push record volumes of wheat onto the global market to cut massive stocks, a senior farm ministry official said on Wednesday, in a move that could hit shipments of other grains using rail and congested ports.
-
The outlook for cheaper gas in the wake of the shale gas boom in North America as well as toughening environmental regulation in Europe have driven up investment in gas as a transport fuel.
-
WASHINGTON, March 5- Maryland Governor Martin O'Malley is seeking an overhaul of his state's transportation funding, less than two weeks after neighboring Virginia approved a reorganization of how it funds road, bridge and highway repairs.
-
*Napolitano says long security lines in Chicago, L.A., Atlanta. Napolitano said mandatory spending cuts ordered on Friday by President Barack Obama have led to the elimination of overtime for Transportation Security Administration officers and customs agents.
-
*Napolitano says some long lines in Chicago, LA, Atlanta. Secretary of Homeland Security Janet Napolitano on Monday cautioned airline passengers to get to the airport extra early because U.S. spending cuts have already led to long lines at some security checkpoints, and said the coming furloughs will only make the situation worse.
-
*Napolitano says some long lines in Chicago, LA, Atlanta. WASHINGTON, March 4- Secretary of Homeland Security Janet Napolitano on Monday cautioned airline passengers to get to the airport extra early because U.S. spending cuts have already led to long lines at some security checkpoints, and said the coming furloughs will only make the situation worse.
-
MADRID, March 4- Workers at Iberia were set to protest at Madrid's Barajas airport at midday on Monday as part of a strike over job and pay cuts at the loss-making airline that will ground nearly 1,300 flights this week.
-
*Napolitano says some long lines in Chicago, LA, Atlanta. WASHINGTON, March 4- Secretary of Homeland Security Janet Napolitano on Monday cautioned airline passengers to get to the airport extra early because U.S. spending cuts have already led to long lines at some security checkpoints, and said the coming furloughs will only make the situation worse.
-
LONDON, Feb 29- Cargill made its first grain shipment using an electronic freight document this week as the U.S. agribusiness group seeks to cut paper documentation and speed up the processing of deals, the officials involved said. Port of Houston to Veracruz, Mexico on the dry bulk vessel UBC Bremen, the company said.
-
SYDNEY, Feb 28- The iron ore shipping hub Port Hedland escaped the brunt of a powerful cyclone that swept across the northwest Australian coastline on Thursday, with emergency officials lifting evacuation alerts as the storm veered east and lost much of its punch. Australia's three main iron ore ports, Port Hedland, Dampier and Cape Lambert, were closed on Monday.
-
*Cyclone veers away from Port Hedland. PERTH, Feb 27- A powerful cyclone that brought half the world's seaborne-traded iron ore to a halt spared Australia's Port Hedland shipping hub on Wednesday, making landfall about 120 km to the east. "Port Hedland will escape Rusty's worst winds," the Bureau of Meteorology said.
-
*Cyclone veers away from Port Hedland. PERTH, Feb 27- A powerful cyclone that has brought half the world's seaborne-traded iron ore to a halt has veered away from Australia's Port Hedland shipping hub, possibly averting a direct hit, and should make landfall some 100 kms away late on Wednesday.
-
Tony Fernandes, Group CEO at AirAsia, tells CNBC how operations in Thailand and Malaysia helped fuel a whopping 238% rise in net-profit for 2012.
-
LILONGWE, Feb 19- State workers in Malawi have told the government and airlines they will shut the main international airport in the capital Lilongwe on Wednesday as part of a week-long public sector strike. The airport closure would cut off the main air routes serviced by Kenya Airways, South African Airways and Ethiopian Airlines.
-
"I want to let the people of Bolivia know about the nationalization of Sabsa," Morales said in a televised speech in the central city of Cochabamba, adding that the company had made "an exorbitant profit with a derisory capital input."